Germany's wound care management devices market is currently estimated to be worth USD 0.655 billion in 2014 and is expected to reach USD 0.916 billion by the end of 2019. The CAGR during this period of the forecast is 6.92%.

This escalation is developing the need to analyze, review and forecast the growth of the wound care management device market. Owing to the rapid evolution of the market in the use of wound closure devices, medical device companies that are able to launch new innovative equipment will be rewarded with huge benefits.

Market Dynamics

Drivers

-- Increase in the aging population
-- Rise in chronic wounds and ulcers
-- Increase in diabetes population
-- Increase in the number of surgeries
-- Rise in the number of government initiatives towards prevention of
injuries
-- Rapid rise in technological advancements